Just a few days ago we had the ChickHEN exploit that brought us homebrew on firmware 5.03, now the latest PSP firmware has it’s own exploit! Is Sony getting more careless or are hackers getting smarter? Either way it’s great for the community. A video demonstrating the crash is shown above, or you can download it for yourself below. Simply drop both the files in your PICTURE folder, then scroll to them on your PSP.
Just a side note, the video about gives credit to Wololo. However on his blog today he denies credit, or at least doesn’t remember if he did it or not:
“I saw today a buzz on various websites about a youtube video showing a tiff file crashing OFW 5.50, apparently a file created by me.
I am not directly related to this video.
I haven’t looked at the file yet, but it is possible that this is an OLD file I created a while ago and which has proven to be unexploitable beyond firmware 4.20. See here and here (note how old these posts are)
There is also a possibility that someone else found a crash and decided to use my name in the file for some reason, but I find this highly unlikely.
So my official statement right now is the following: Not a fake, not an exploit, just a crash“
If history is anything to go by, it won’t be long before the community will be able to launch homebrew on any PSP to date. 
I have no idea what this is all about, but I dugg it anyway, cause that’s the way I roll.
terra
Link | May 13th, 2009 at 10:03 pm